Nissan sees $4.5bn loss as market pressures mount
Japanese automaker Nissan has announced a sweeping global restructuring plan that includes cutting an additional 11,000 jobs and shutting down seven manufacturing plants. The decision...
Tag : Business
Court docs unveil Google’s $20 billion payments to Apple in 2022
Alphabet Inc., the parent company of Google, made payments totaling $20 billion to Apple Inc. in 2022 for securing Google as the default search engine...
Oracle shifts HQ to Nashville, ignites tech buzz
Oracle Chairman Larry Ellison dropped a bombshell announcement on Tuesday, revealing that the tech giant will be relocating its global headquarters to Nashville, Tennessee. This...
ADNEC gears up to host World Future Energy Summit 2022
The Abu Dhabi National Exhibitions Company (ADNEC) has finalized its preparations to host the World Future Energy Summit 2022 (WFES) and its co-located events including...
Export drive to boost Indian honey in the UAE and Saudi Arabia launched
India’s Agricultural and Processed Food Products Export Development Authority (APEDA) is mounting a drive to promote its honey exports to the UAE and Saudi Arabia....
Masdar GEDP sign deal to develop largest solar power plant in Georgia
Masdar, one of the world’s leading renewable energy companies, has signed an agreement with the Georgian Energy Development Fund (GEDF) to develop a solar photovoltaic...
UAE to participate in Gujarat investor summit as Partner Country
The UAE will participate in the Vibrant Gujarat Global Summit 2022 as a "Partner Country," the organisers of the Summit have announced. This will be...
ADNOC, TAQA announce $3.6 billion project to decarbonise operations
Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company (TAQA) announced a $3.6 billion (AED13.22 billion) strategic project to significantly decarbonise ADNOC’s...
Renewable energy and innovation in focus as ME LPG Week concludes
ENOC Group, the Official Integrated Energy Partner of Expo 2020 Dubai, and the exclusive host of the Middle East’s first LPG Week, together with Emirates...
ADNOC Drilling awarded $3.8 billion drilling contract
ADNOC Drilling Company PJSC announced that it has signed a five-year Drilling Services Agreement with ADNOC Onshore for the continued provision of drilling, work-over and...